Pt Solusi Bangun Indonesia Tbk Reports Earnings Results for the Full Year Ended December 31, 2020

PT Solusi Bangun Indonesia Tbk is an Indonesia-based company, which is engaged in cement industry in Indonesia with a total production capacity (including optimization of plant operations) reaching 14.50 million tons of cement per year. The Company markets its products both domestically and internationally. The Company operates through four segments: Cement and Clinker, Ready-Mixed Concrete, Aggregates, and Waste Management. Cement and Clinker segment operates four cement plants spread across several regions, namely in Narogong-West Java, Cilacap-Central Java, Tuban-East Java and Lhoknga-Aceh, which operates by the Company’s subsidiary, PT Solusi Bangun Andalas. Ready-Mixed Concrete segment ready-mixed concrete business through commercial plant and on-site plant methods through the construction of a batching plant at the project site to encourage speed and reliability of supply. Waste Management segment provides waste management services to the Company and its business partners.